Faced with budget woes, Gavin Newsom wants more tax credits for Hollywood

Faced with budget woes, Gavin Newsom wants more tax credits for Hollywood

Santa Monica Daily Press
May 19, 2025, 6:41 pm
Staring down a $12 billion budget deficit, Gov. Gavin Newsom proposed steep cuts to California’s health care services and public universities — all while promising more dollars to Hollywood. Newsom on Wednesday doubled down on his proposal to expand the state’s investment in film and television tax credits,
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